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Course Description

In business, we don’t often have the luxury of making one decision at a time; instead, we usually face multiple decisions at once, in highly complex situations where each decision has potentially far-reaching impacts. In this environment, professionals need a robust, quantifiable understanding of these ripple effects in order to meet business objectives and raise the odds of decision-making success. In this course, you will create and use data models for optimizing decision making in situations where resources are constrained—and two or more decisions whose consequences interact must be made simultaneously.

These courses are required to be completed prior to starting this course:

  • Understanding and Visualizing Data
  • Implementing Scientific Decision Making
  • Using Predictive Data Analysis - Modeling Uncertainty and Risk

Faculty Author

Chris Anderson

Benefits to the Learner

  • Create an optimization model
  • Solve a linear model in Excel using the Solver add-in
  • Make tactical decisions using shadow prices
  • Set prices in a non-linear model Approximate an optimal solution for a non-linear model
  • Use summary statistics to approximate optimal results for a stochastic problem

Target Audience

  • Analysts
  • Functional Managers
  • Executives
  • Consultants
  • Any professional that uses data to make business decisions

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in

Type
3 week
Dates
Aug 19, 2020 to Sep 08, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 09, 2020 to Sep 29, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 30, 2020 to Oct 20, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Oct 21, 2020 to Nov 10, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 11, 2020 to Dec 01, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 02, 2020 to Dec 22, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 23, 2020 to Jan 12, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jan 20, 2021 to Feb 09, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Feb 10, 2021 to Mar 02, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Mar 03, 2021 to Mar 23, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Mar 24, 2021 to Apr 13, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Apr 14, 2021 to May 04, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
May 05, 2021 to May 25, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
May 26, 2021 to Jun 15, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jun 16, 2021 to Jul 06, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 07, 2021 to Jul 27, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 28, 2021 to Aug 17, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Aug 18, 2021 to Sep 07, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 08, 2021 to Sep 28, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 29, 2021 to Oct 19, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Oct 20, 2021 to Nov 09, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 10, 2021 to Nov 30, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 01, 2021 to Dec 21, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 22, 2021 to Jan 11, 2022
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
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